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FHA Loans

FHA loans differ from conventional loans in a number of ways. The down payment required for a FHA-insured loan, is usually much lower than for conventional loans. FHA loans also have lower credit requirements than conventional loans, making them more available to a wider range of potential homebuyers.

FHA loans offer borrowers several other valuable benefits, not least of which is those aforementioned smaller down payments. Unlike a conventional loan, which ordinarily requires 10-20% down, FHA-insured loans only require down payments as low as 3.5-5%

The FHA is also more flexible in calculating factors to determine whether or not to approve the loan factors such as household income and repayment ratios.

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Aulander, North Carolina News
R-C area needs weather alert system: corrected version

Unless you are watching a television tuned to Weather Channel or sitting within earshot of a NOAA weather radio, about the only way a resident of northeastern North Carolina will know when a dangerous storm is approaching is to be in its path of destruction.


Filing ends with a flurry

Filing finished with a flurry. After filing finished as 12 noon yesterday , nearly every elected official in the region will face opposition either in the May primary or the November general election.


Aulander ballfield lights approved

" In May, the lights will come on at the John A. Drew Field of Dreams as another season of youth baseball/softball begins.


Citizens aid in arrest |

" Apparently, two Aulander men picked the wrong house to break into Wednesday night.


Windsor man dies in Monday mishap

AULANDER a ' One Bertie County man lost his life and three others were injured in a single vehicle accident near here late Monday afternoon.


Fatal Accident In Bertie County

We are gathering details on a fatal accident in Bertie County, and whether the driver will face any charges.


Snow amount varies in Bertie

Snowfall amounts varied throughout the large landmass that is Bertie County over the weekend.


Alabama fugitive nabbed in Aulander

" A routine drug arrest three weeks ago has now evolved into something much deeper.


Aulander man suffers burns

" One man was injured in a home accident here Sunday evening. According to Bertie County Emergency Management Coordinator Rickey Freeman, a 911 call was received at approximately 4:45 p.m. Sunday from Buck Branch Road in Aulander advising a home fire in progress along with an injury.


Weather causes little damage in R-C

A nora easter brought heavy rain and strong wind to the Roanoke-Chowan region - knocking over trees, power lines and causing flooding.


Driver charged in hit-and-run

AHOSKIE a ' A Gatesville man stands charged with DWI and felony hit-and-run following a Tuesday evening accident involving three vehicles.


Judge hikes teen's bond

" Over a two-day span, an Aulander teen ran into trouble with, first, a law enforcement officer and, secondly, a judge.


Bertie booze hangs on provisional votes

" Unofficial tallies leave the future of the Bertie County Mixed Beverage referendum in doubt.


All in the Family: North Carolina Brother, Sister Charged with Insurance Fraud

A brother and sister have been arrested by North Carolina officials on charges of insurance fraud.


Cammack, Davis wed in North Carolina

Stephanie Rennea Cammack and Miles William Davis were married on Sept. 5, 2009 in an evening ceremony held at the groom's family church, located in Leland, N.C. The ceremony was officiated by the bride's brother, Pastor Gerrard Ruff of Hampton, Va The bride is the daughter of the late Mr.


Gell settles for $3.9 million

RALEIGH a ' Despite sitting in a jail cell in Goldsboro, a Bertie County man has become a multi-millionaire. A $3.9 million settlement has been reached in a civil case filed on behalf of James Alan Gell who sued the North Carolina State Bureau of Investigation and others on the grounds of obstructing justice that led to his capital murder ...


NC Sbi agrees to $4 million settlement with Gell

The State Bureau of Investigation has agreed to give almost $4 million to a former North Carolina death row inmate who sued after he spent nine years behind bars before being acquitted at a new trial.


Ex-inmate arrested on felony charges

" An Ahoskie man who has previously served prison time for drug distribution is again in trouble with the law.


Princeville hires new town manager

Princeville leaders found a new town manager. Town officials appointed David Overton, a retired Windsor resident, as its interim town manager this week during a closed session of its regular board meeting.


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